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The inaugural ANON Blockchain Summit Austria will be held April 2-3, featuring Microsoft, IBM, Alibaba Cloud and Accenture plus other big names, with the aim of putting Vienna’s vibrant blockchain scene on the map.

The event is expected to bring more than 2,000 people together to talk blockchain, cryptocurrency and decentralization, and with 80 national and international speakers, 40 exhibitors and 100 investors it is shaping up to be the country’s premium networking event. Read more...

The Bahrain Economic Development Board is inviting Indian firms to take advantage of the opportunities its country has to offer including for crypto businesses. The board has been collaborating with the Indian government on a number of issues. The Central Bank of Bahrain recently published its final rules on crypto assets.

Indian Companies Invited to Bahrain

The Bahrain Economic Development Board (EDB) has invited Indian companies to set up base in its country by providing “a plethora of opportunities to Indian fintech firms for open banking, blockchain, crypto assets, robo advisory and remittances,” The Economic Times reported Sunday. Read more...

The Thai government has issued four licenses to a new crypto exchange. Prior to this, only existing exchanges that were in business before the country’s crypto regulation took effect were approved. The first licensed new exchange in Thailand is a subsidiary of a regulated Japanese exchange, Bitpoint.

New Crypto Exchange Licensed

Japanese corporation Remixpoint Inc. announced on Thursday that its Thai subsidiary, Bitherb Co. Ltd., has obtained four different crypto-related licenses to operate in Thailand. The announcement concurs with the information posted on the website of the Thai Securities and Exchange Commission (SEC). Remixpoint also operates Bitpoint Japan, one of 17 government-approved Japanese exchanges. Read more...

According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.

Speaking at a forum organized by the Ohio State Associated Press on February 19, 2019,Robert Sprague fielded questions about the department’s experiences with the newly launched bitcoin payment option for taxes, which was set up by his predecessor Josh Mandel in December 2018. Sprague, who assumed his position a little over a month ago, states that the country has received only two tax payments so far on the state’s official crypto payment platform, OhioCrypto.com Read more...

On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required.

The live stream of Jamie Dimon’s address (watch below) at the NY Economic Club opens with the billionaire CEO of JP Morgan Chase pointing out a dearth of activity from American small business entrepreneurs over the last ten years since the Wall Street financial crisis: “Small business formation is lower than it’s ever been in

Hundreds of businesses and retail investors are still counting the cost of bitcoin’s 80 percent drop from its all time high at the turn of the year. A Sky News special report has revealed that alongside investment portfolios, bitcoin’s price tank also claimed several mortgages, loans, marriages and even possibly university funds for some investors’ children in

Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device at

by Roger Lim Despite gloomy market sentiments, the enduring appeal of blockchain has continued to attract entrepreneurs and enterprises seeking to leverage decentralized technology. As companies from various industries continue to report financial wins, it is more crucial than ever for investors to …

The UK’s financial watchdog is stepping up its scrutiny of the cryptocurrency sector, even as prices continue to regain their position, over last week’s bloodbath, which saw the total market cap for cryptos shed almost 80 percent of its value. According to a Telegraph Money report published on the Telegraph UK, the number of businesses being

Ohio will become the first state in the US to officially accept tax payments in bitcoin, according to a Wall Street Journal report. Beginning this week, businesses who plan to make settlements for their taxes with bitcoin can visit OhioCrypto.com and register to pay all their corporate taxes to the government in BTC. The state government

Thursday tends to be the busiest day of the week in the cryptosphere for some reason, and today, Nov. 22, is the perfect case in point. In this edition of The Daily we cover Binance’s long-anticipated move to KYC for customers and censorship-prone Gab’s struggle to obtain censorship-resistant money.

Binance Becomes Last Major Exchange to Add KYC

Binance, the world’s largest exchange by trading volume, has confirmed that it is adding Know Your Customer (KYC) verification. Since launching in 2017, the platform has enabled traders to withdraw up to 2 BTC per day with only email confirmation. Binance recently partnered with blockchain forensic specialists Chainalysis, however, making it clear that a transition to full KYC was likely to follow.Read more...

In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating the crypto space but startups have complained that local banks are still reluctant to offer them regular services.

The financial regulator of the Isle of Man recently introduced changes to its policy governing the registration of companies in the cryptocurrency industry. The British Crown dependency in the Irish Sea is also tightening rules applicable to projects that conduct initial coin offerings (ICOs).

Financial Authority Adopts Stricter Requirements

Cryptocurrency companies filing for registration under the the self-governing territory’s Designated Businesses Act 2015 will be required to meet two new criteria. The updated policy states that companies must have at least two directors who are residents of the island. In addition, registered entities must be managed and controlled from the Isle of Man. Read more...

Brazil’s Department of Federal Revenue (RFB) has recently revealed it’s looking to monitor the activities of businesses dealing with cryptocurrency, a move it claims will help it prevent tax evasion and money laundering. Brazil’s Tax Man Wants to Monitor Crypto Firms According to local news outlet G1, the RFB published a document that reveals Brazil-based

Amsterdam Business owners are currently living in fear of criminals who are threatening to cause acts of terror unless they are paid in an extortion fee in Bitcoin.

According to a publication in the country, the NLTimes, emails have been sent out to several companies in Amersterdam demanding 50,000 euros worth of Bitcoin. If they fail to pay then according to emails, hand grenades will be planted on the premises of the businesses or the firms will be attacked with guns forcing a closure. The Dutch capital, businesses are required to close up for a period of time in case of a shooting or after an explosive device has been found. Read more...

Business owners in Amsterdam are living in fear of criminals who are threatening to cause acts of terror unless they are paid an extortion fee in bitcoin. According to a Netherlands publication NLTimes, emails have been sent to multiple businesses in Amsterdam demanding bitcoins worth 50,000 euros. Failure to pay, the emails warn, hand grenades

A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029.

New Legal Terms

Ukrainian lawmaker Yuri Derevyanko, one of the leaders of the Movement of New Forces party, put forward the new proposal to relieve cryptocurrency businesses from taxation for at least a decade. Bill 9083-1 has advanced through a number of important parliamentary committees this month, including those responsible for budgetary matters, financial policies, customs regulations and European integration. Read more...

Is it possible to for cryptocurrency and blockchain technologies to close in on perfection? One commentator notes that perfection is “utopic,” and difficult to define in unclear world of crypto and blockchain.

The Chief Operating Officer at the Wall Street Blockchain Alliance, Steven Ehrlich, ventured into answering these inevitable questions in an article for Forbes. According to Erlich, in the current state of the industry, not much can be anticipated. The measures they’re most often wrong about are also the ones standing at the core of crypto: privacy, decentralization, and transaction speed.Read more...

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